TreeHouse Austin - Our Retail partner

We are proud to announce that our line is now being offered at Tree House Austin™ , located at 4477 South Lamar Blvd. Suite 600 ( next to Central Market off West Gate ). 

main: (512) 861 0712

 

Stop by if you are local and check out our sample panels in Prague, Lima, Lyon, Andara and many more to come! The staff there is courteous, professional and well prepared and are ready to answer any questions about our products. All in inventory in Austin. 



Builder confidence up in November

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Builder confidence in the market for newly built single-family homes rose four points to a level of 58 on the National NAHB/Wells Fargo Housing Market Index (HMI), released today.

“Growing confidence among consumers is what’s fueling this optimism among builders,” said NAHB Chairman Kevin Kelly. “Members in many areas of the country continue to see increasing buyer traffic and signed contracts.”

“Low interest rates, affordable home prices and solid job creation are contributing to a steady housing recovery,” said NAHB Chief Economist David Crowe. “After a slow start to the year, the HMI has remained above the 50-point benchmark for five consecutive months, and we expect the momentum to continue into 2015.”

Derived from a monthly survey that NAHB has been conducting for 30 years, the NAHB/Wells Fargo Housing Market Index gauges builder perceptions of current single-family home sales and sales expectations for the next six months as “good,” “fair” or “poor.” The survey also asks builders to rate traffic of prospective buyers as “high to very high,” “average” or “low to very low.” Scores from each component are then used to calculate a seasonally adjusted index where any number over 50 indicates that more builders view conditions as good than poor.

All three HMI components increased in November. The index gauging current sales conditions rose five points to 62, while the index measuring expectations for future sales moved up two points to 66 and the index gauging traffic of prospective buyers increased four points to 45.

Looking at the three-month moving averages for regional HMI scores, the Northeast rose three points to 44, the South posted a four-point gain to 62, and the West edged up one point to 58. The Midwest registered a two-point loss to 57.

Single family housing starts up 4.2% in October

Single-family housing production in October reached its highest level since November 2013 while the more volatile multifamily sector brought combined nationwide starts activity down 2.8% to a seasonally adjusted annual rate of 1.009 million units, according to newly released figures from the HUD and the U.S. Census Bureau.

“The rise in single-family starts is more proof that the economy is firming and consumer confidence is growing,” said NAHB Chairman Kevin Kelly.  “We expect continued upward momentum into next year.”

“The increase in single-family starts shows that the housing market continues to recover at a steady, gradual pace,” said  NAHB Chief Economist David Crowe.  “On the multifamily side, production is stabilizing above historic levels as demand for rental housing increases.”

The 2.8% decline in overall starts in October was due primarily to a 15.4% decline on the multifamily side, which brought that sector’s annual production pace to 313,000 units on a seasonally adjusted annual basis. Meanwhile, single-family starts posted a 4.6% gain to 696,000 units.

Regionally in October, combined housing production dropped in Northeast, Midwest and West, with respective losses of 16.4%, 18.5% and 10.9%. Total production rose in the South by 10.1%.

Issuance of building permits registered a 4.8% gain to a seasonally adjusted annual rate of 1.08 million units in October. Multifamily permits rose 10% to 440,000 units while single-family permits increased 1.4% to 640,000 units.

Regionally, the Northeast and Midwest registered overall permit losses of 21.5% and 11.4%, respectively. The South and West posted respective gains of 8.8% and 21.6%.

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U.S.: Building Permits up 6.9%

The U.S. Census Bureau and the Department of Housing and Urban Development jointly announced the  following new residentialconstruction statistics for February 2014:  

BUILDING PERMITS

Privately-owned housing units authorized by building permits in February were at a seasonally adjusted annual rate of 1,018,000. This is 7.7 percent (±1.0%) above the revised January rate of 945, 000 and is 6.9 percent (±1.2%) above the February 2013 estimate of 952,000. Single-family authorizations in February were at a rate of 588,000; this is 1.8 percent (±0.9%) below the   revised January figure of 599,000. Authorizations of units in buildings with five units or more were at a rate of 407,000 in February.  

HOUSING STARTS

Privately-owned housing starts in February were at a seasonally adjusted annual rate of 907,000. This is 0.2 percent (±12.1%)* below the revised January estimate of 909,000 and is 6.4 percent (±9.9%)* below the February 2013 rate of 969,000. Single-family housing starts in February were at a rate of 583,000; this is 0.3 percent (±12.0%)* above the  revised January figure of 581,000. The February rate for units in buildings with five units or more was  312,000.  

HOUSING COMPLETIONS

Privately-owned housing completions in February were at a seasonally adjusted annual rate of 886,000. This is 4.4 percent (±9.5%)* above the revised January estimate of 849,000 and is 21.9 percent (±13.9%) above the February 2013 rate of 727,000. Single-family housing completions in February were at a rate of 631,000; this is 4.0 percent (±9.7%)* above  the revised January rate of 607,000. The February rate for units in buildings with five units or more was 246,000.

Partnership in Boston and upscale showroom

Luma Hardwoods will now develop sales and distribution through our exclusive partnership in Boston area; catering to designers, builders and architects and showcasing our and several others flooring products in a high end showroom. Construction is just a few weeks away of being completed.

 

Only 10 minutes away from downtown Boston, showroom will be a destination storefront for designers.  

Only 10 minutes away from downtown Boston, showroom will be a destination storefront for designers.

 

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Showroom will also feature an exclusive line of kitchen cabinetry and accessories: Studio Becker

Showroom will also feature an exclusive line of kitchen cabinetry and accessories: Studio Becker